KLM to acquire Jet Airways' Netherlands business.

KLM, an airline carrier, agreed to acquire Jet Airways' Netherlands business. Financial terms were not disclosed. The transaction is subject to the completion of several conditions including statutory and regulatory clearances, both under Indian law and Dutch laws. The deal will only involve a sale of part of the company’s business and not impact the shareholding pattern. With this acquisition, KLM tries to continue and repair India with Europe and North America route network as much as possible.